This is when things get serious because you only have x days to decide if you want to move forward or you'll lose your earnest money.

Compared with low-wage workers, people who have the financial ability to buy homes have been far less likely to lose their jobs, and in some ways, their ability to purchase homes has only expanded.

To me 10% of rents to PM seems like it would be a weight off my shoulders, but I also have trouble justifying the expense for the limited amount they do when things are going smoothly. 

People forget, running a nice cost seg on a $1M+ 4 unit means these things typically lose money on paper for a bit of time even if you are cash flow positive each month. 

Glad you didn't lose the money after putting so much money, effort, and time.Welcome to JBLM, if you need any assistance from a veteran realtor around here, contact me!

There's no extra CA punishment for that, but you and your properties are potentially exposed to legal risks, so you might lose the properties if things go wrong.

You will lose your shirt on this. 204k mortgage is $975 per month pi. 1% for taxes- $2400 or $200 per month.

Suppose the tenant loses his job? 

Each person has to have something to lose.  

Usually your only option is to lose money somehow.